Common use of Bank Operations Clause in Contracts

Bank Operations. Each of the Organizers agrees to use its, his or her best efforts to cause the Bank to be successful. Each of the Organizers acknowledges and agrees that in addition to core deposit growth, the Organizers will work to expand the Bank's operations through selected acquisitions of banks and other financial institutions, provided, however, that no offer will be made for any such institution without the prior consent of the Company.

Appears in 2 contracts

Sources: Stockholder Agreement (Heartland Financial Usa Inc), Stockholder Agreement (Heartland Financial Usa Inc)